The Latest Breaking News from Finance Ministry

Arkhom calls for study of loopholes related to forex

Finance Minister Arkhom Termpittayapaisith has asked the Securities and Exchange Commission (SEC) and the Bank of Thailand to examine any legal loopholes to prevent recurring cases of foreign exchange Ponzi schemes.

Bangkok Post · Sep 19, 2022

Lower Kharif sowing calls for deft management of foodgrain stock, prices: Finance Ministry report

There is no “room for complacency on the inflation front as lower crop-sowing for the Kharif season calls for deft management of stocks of agricultural commodities and market prices without unduly jeopardising farm exports”, the report said

The Hindu · Sep 17, 2022

Revenue expected to exceed 2022 target

Fiscal 2022 will be the first year since the pandemic broke out for government revenue collection to exceed its target, says Krisada Chinavicharana, permanent secretary of the Finance Ministry.

Bangkok Post · Sep 13, 2022

Finance ministry details tax on city farm land

The criteria of the land and building tax regarding farm land must be applied to all farm land on an equal and indiscriminate basis, according to a Finance Ministry source.

Bangkok Post · Sep 4, 2022

Bruised THAI aims for the skies again

Thai Airways International Plc (THAI) is aiming to resume its position as one of the world's top ten airlines after the completion of its rehabilitation process, the national flag carrier's executives said.

Bangkok Post · Aug 30, 2022

Cabinet okays oil fund guarantee

The cabinet on Tuesday approved a draft executive decree to allow the Finance Ministry to guarantee the loan repayment and borrowings worth up to 150 billion baht of the Oil Fuel Fund Office.

Bangkok Post · Aug 16, 2022

Government moves to tame fuel crisis

The government will roll out a set of measures to ease the economic impact of the global fuel crisis caused by the Russia-Ukraine war, said Krisada Chinavicharana, permanent secretary of the Finance Ministry.

Bangkok Post · Aug 11, 2022

A timely gesture: On the releases of tax devolution dues to States

Transferring more tax devolutions to States early in the year is a prudent move  

The Hindu · Aug 11, 2022

To boost spending, Centre releases ₹1.16 lakh crore to States

Two months’ tax dues remitted in one go to ease States’ fiscal constraints after GST compensation sunset

The Hindu · Aug 10, 2022

Parliamentary proceedings | Value of fake notes in banking system recorded over 80% decline from 2016-17 to 2021-22: Pankaj Choudhary

Minister of State in Finance Ministry attributes the gain to demonetisation in 2016

The Hindu · Aug 8, 2022